Sub-Saharan Africa’s 2025 Economic Outlook: Steady Growth Amid Global Uncertainty
Sub-Saharan Africa is projected to grow at 4.1% in 2025, according to the International Monetary Fund’s (IMF) October 2025 Regional Economic Outlook (IMF, 2025). The report highlights a region maintaining...
India–EFTA Trade Pact Takes Effect, $100 Billion Investment Expected
New Delhi, Oct. 1, 2025 —India and the European Free Trade Association (EFTA) formally launched their trade partnership this Wednesday under the Trade and Economic Partnership Agreement (TEPA), with EFTA pledging...
Botswana to Launch Citizenship by Investment Program in 2026
Botswana will introduce its first-ever Citizenship by Investment (CBI) program in early 2026, developed in partnership with Arton Capital. The program aims to attract foreign investment to diversify the economy beyond...
Taiwan Steps Up Economy-Boosting Efforts: Cabinet Approves Incentives to Bring New Investors
Deputy Economics Minister of Taiwan, Cynthia Kiang, announced the approval of the Invest Taiwan 2.0 initiative. The announcement was followed by a press conference on Thursday, where details...
A Record High for Foreign Investments in Africa Was Reached in 2024
In 2024, foreign direct investment in Africa grew significantly, reaching a record $97 billion. Compared to the previous year, this is an increase of 75%.
According to the United...
Donald Trump Approves the $14.9 Billion Purchase of U.S. Steel by Nippon Steel
After U.S. Steel and Nippon Steel signed a national security agreement with the U.S. Government, President Donald Trump issued an executive order approving the merger of the...
URSB Streamlines Business Registration Process
World Business Journal talks to Mercy K. Kainobwisho, the Registrar General of URSB, about how digitization has reduced the time taken for business registration from 14 days to just 4 to 6 hours, along with...
URA deploying tech to expand tax base
World Business Journal talks to John Musinguzi Rujoki, Commissioner General, Uganda Revenue Authority (URA), about the country’s tax regime, initiatives aimed at enhancing both domestic and cross-border tax compliance, and the impact of...
Morocco Attracts Foreign Investors Through 30% Tax Incentives
Morocco is improving its appeal toward foreign investors by offering tax incentives of up to 30%. This promises to strengthen cultural and economic ties with neighbouring countries while positioning itself as a...
Uganda's Ambitious Tenfold Growth Economic Vision: Harmonizing Fiscal Discipline with Economic Growth
World Business Journal talks to Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury at the Ministry of Finance, Planning, and Economic Development, about Uganda's ambitious economic...